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National Assembly approves extended VAT reduction & VN Airlines loan extension

The National Assembly has agreed to continue reducing value-added tax (VAT) by 2% for groups of goods and services from July 1, 2024, to December 31, 2024.

NA approves investment policy for $1b expressway project in southern VN

The section has a total length of 128.8km and investment of VNĐ25.54 trillion (US$1 billion).

Government proposes nearly US$40 million for Gia Binh Airport development

The Government plans to allocate $38.5 million for the Gia Binh airport project, $77 million for the Tuyen Quang - Ha Giang expressway project, and $58.46 million for two projects of the Supreme People's Court.

Absolute alcohol ban for drivers approved by Vietnam's National Assembly

The National Assembly has passed the Law on Road Traffic Safety, which includes a strict prohibition on driving with any alcohol concentration in the blood or breath.

Da Nang Free Trade Zone to launch in 2025 following National Assembly approval

The National Assembly has given the green light for establishing a Da Nang free trade zone connected to Lien Chieu Seaport.

Government pledges VND913 trillion for 30% wage increase

Minister of Home Affairs Pham Thi Thanh Tra affirmed that the Government ensures the total funding demand increases to VND913,300 billion when increasing the basic wage by 30% and related policies.

Lawmakers call for tax on small orders via Shopee, TikTok to protect revenue

National assembly deputies are concerned that failing to tax small-value imported goods sold through platforms like Shopee, Lazada, Tiki, and TikTok could lead to substantial revenue losses for the state budget.

National Assembly to pass 10 bills this week

The National Assembly is scheduled to give opinions and pass 10 bills in the last working week of the seventh session, starting on June 24.

Early enforcement of Land Law to help promote real estate market

Minister of Natural Resources and the Environment Dang Quoc Khanh believes that if the Land Law takes effect earlier than planned, this will help the property market, free up land resources, and speed up public investment and social housing projects.

Vietnamese associations should run cultural centers overseas: NA deputies

Vietnam should think of setting up and maintaining Vietnamese cultural centers overseas and seek enthusiastic people to run the centers, according to National Assembly deputy Nguyen Lan Hieu.

VND256 trillion cultural development plan clarified by Culture Minister

In response to concerns about the significant investment of more than VND 256,000 billion for the National Target Program on Cultural Development, Minister of Culture, Sports and Tourism Nguyen Van Hung provided clarification on June 19.

Draft law aims to introduce VAT on small-value imports from e-commerce platforms

On the afternoon of June 17, Minister of Finance Ho Duc Phoc submitted the draft Law on Value Added Tax (amended) to the National Assembly.

Proposal to allow hiring of security forces for protection of key leaders abroad

During the session on June 12 afternoon, the National Assembly Standing Committee reviewed amendments and supplements to several articles of the Law on Guards.

Vietnam lacks a national flower, national costume

Minister of Culture, Sports and Tourism Nguyen Van Hung says the national flower and national costume of Vietnam have not been determined because his ministry’s proposals have not been approved.

National Assembly urges overhaul of administrative procedures

During the National Assembly sessions in the last week of May, deputies highlighted the urgent need for a comprehensive overhaul of administrative procedures.

Minister agrees with NA deputy on ‘using technology to control technology’

Stressing that it is necessary to consider digital technology as the major management force in cyberspace, Minister of Information and Communications Nguyen Manh Hung supports the idea of using technology to control technology.

VND15.6 trillion collected from e-commerce platforms: MOF

As many as 96 foreign suppliers, including Facebook, Google and TikTok, have registered their business and paid tax on their e-commerce profits via the Ministry of Finance’s (MOF) electronic information portal, totaling VND15.6 trillion.

Minister clarifies issues related to mining, exploitation of rare earth minerals

Minister of Natural Resources and the Environment Dang Quoc Khanh on June 4 answered the National Assembly’s inquiries on solutions to research, exploitation and use of minerals as building materials, and rare and precious resources and minerals.

Minister: Time for Vietnam to issue declaration about water resources

Minister of Agriculture and Rural Development Le Minh Hoan said at the ongoing National Assembly session that there should be a statement to farmers that Vietnam is not a country with water abundance and water will become scarcer.

Minister suggests solutions to develop tourism on par with regional levels

Minister of Culture, Sports and Tourism Nguyen Van Hung has put forward a number of solutions aimed at developing Vietnamese tourism services on par with regional levels at the ongoing sitting of the National Assembly.